Analysis

In-Depth Analysis

Smart, independent reporting on Turkey's politics, economy and foreign affairs.

STANDOFF WITH SWORDS DRAWN ON CHP FRONT
Inside Turkey Jun 25, 2026

STANDOFF WITH SWORDS DRAWN ON CHP FRONT

The rift between court-appointed CHP Chair Kemal Kılıçdaroğlu and ousted Chair Özgür Özel deepened this week, even as the two crossed paths at a funeral — while notably failing to appear together at an Ashura gathering the same day.

Editorial Staff 6 min
AFTER PERSEPOLIS, WHO WILL DRAW US?
The Third Desk Jun 18, 2026

AFTER PERSEPOLIS, WHO WILL DRAW US?

Marjane Satrapi's family said she died of sadness brought on by a profound sense of loss. It is difficult to think of Satrapi without the vocabulary of loss. What she drew, again and again, was loss, the loss of childhood, country, language and return. In the end, according to those closest to her, another loss, the love of her life, silenced her.

Editorial Team 4 min
FINAL STEPS UNDERWAY TO DROP US CHARGES AGAINST HALKBANK
Economy and Finance Jun 12, 2026

FINAL STEPS UNDERWAY TO DROP US CHARGES AGAINST HALKBANK

Halkbank, the state lender and fourth-largest bank in Turkey by assets, announced that a nine-year-old US criminal case against the bank is getting closer to a complete end. The bank and the US Attorney’s Office for the Southern District of New York submitted a joint plea to the court on June 10, 2026, requesting the dismissal of all charges.

Editorial Team 2 min
CENTRAL BANK HOLDS MAIN INTEREST RATE AT 37 PERCENT
Economy and Finance Jun 12, 2026

CENTRAL BANK HOLDS MAIN INTEREST RATE AT 37 PERCENT

The central bank kept its benchmark policy rate unchanged at 37% for the third consecutive meeting on June 11, matching the consensus forecast of economists. The Monetary Policy Committee also held its overnight lending rate at 40% and its borrowing rate at 35.5%. The central bank last altered its policy rate in January with a 100-basis-point cut.

Editorial Team 1 min